Making the Switch from Paypal to eBay's Managed Payments. Watch This First...

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Flippin Aint Easy

Flippin Aint Easy

Күн бұрын

Today I switched over my other Ebay account over from PayPal to eBay’s Managed Payments program. In this video I discuss a few things all Ebay servers should consider as we get closer to launch date.
Keep listing and make those sales guys!!
Check out the video and tell me what you think below. Please like the video and subscribe!!!!
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Пікірлер: 1 200
@FlippinAintEasy
@FlippinAintEasy 3 жыл бұрын
This is the first in a series of videos I have created about eBay Managed Payments. Be sure to continue watching for more videos on this subject.
@JACQUESEHARRISMUSIC
@JACQUESEHARRISMUSIC 3 жыл бұрын
I got 450 items listed when I was paypal I couldnt post no more items so I went got a bank account now everything ebay management bad move foe me and it taking 56 dollars out my bank all ready ebay crooked imma use postmark or metcardi ebay thinks there the only site for people to go to make $ there not there bank and social security a way the irs to get you if you c I dnt file on taxes im going to delete all my items and just buy off ebay if it's not broken don't fix it this is the fall of ebay crooks asses I hope that greedy all them fees and charges it's not that serious fuq ebay
@ReviewsandTech
@ReviewsandTech 3 жыл бұрын
Excellent info on this channel in regards to eBay, thanks for your time and effort making these videos as I am a creator as well. Cheers
@FlippinAintEasy
@FlippinAintEasy 3 жыл бұрын
@@ReviewsandTech thank you for stopping by and watching my videos.
@ReviewsandTech
@ReviewsandTech 3 жыл бұрын
@@FlippinAintEasy Yes sir, keep the good stuff coming buddy.
@amagenarypowers9313
@amagenarypowers9313 3 жыл бұрын
I'm still using PayPal ?
@randomgamer-st1ie
@randomgamer-st1ie 3 жыл бұрын
3 numbers Ebay wont be getting from me: bank account, routing, and especially social security. Guess I'm done selling on Ebay.
@canoebelue
@canoebelue 3 жыл бұрын
I'm thinking the same thing.
@danielmendoza20
@danielmendoza20 3 жыл бұрын
Same here
@randomgamer-st1ie
@randomgamer-st1ie 3 жыл бұрын
@Isaac it's bad to give anyone your social security number, especially a company vulnerable to information theft via hacking.
@pmdk1953
@pmdk1953 3 жыл бұрын
I feel the same.
@behindthemindtv1724
@behindthemindtv1724 3 жыл бұрын
@Randomgamer 9780: They need the SSN for tax purposes just like when you go apply for a job. Duuuhh
@andreabradley5837
@andreabradley5837 4 жыл бұрын
The world is going to hell in a handbasket and they are trying to speed up the process?
@davidwood2548
@davidwood2548 3 жыл бұрын
Thank You for your informative video. I've been a casual E-Bay buyer/seller for 17 years. I do NOT trust E-Bay well enough to give them access to my bank account; and they're trying to force it; so my E-Bay selling is DONE. I've noticed recently they are also reducing the effect of negative reviews. For example: I recently had a "non-paying bidder" on a $400 auction. My item was tied up for a month, while the bidder failed to respond at all. At the end of the "resolution" process I was blocked from leaving feedback. The result is the non-paying/non-responding bidder has a 100% approval rating.
@FlippinAintEasy
@FlippinAintEasy 3 жыл бұрын
You would have only would have been able to leave the buyer a positive feedback so it wasn’t a big loss. I’m sorry you had to wait so long. You might want to look at Mercari as an alternative. Good luck.
@sarahconner9433
@sarahconner9433 2 жыл бұрын
Ya that's why I quit skank bay
@asusreviews
@asusreviews 4 жыл бұрын
Anyone else remember when eBay fees were 5.25% of the first $25 and then like 3% after that?
@FlippinAintEasy
@FlippinAintEasy 4 жыл бұрын
I do
@frankcapano765
@frankcapano765 4 жыл бұрын
I do, just got a 25 year gift.
@mezajw5
@mezajw5 4 жыл бұрын
most of what you covered i figured thats how it was gonna be, but since I'm not into the manage payments yet, hearing about it from you was more helpful and knowledgeable and I thank you for that. Video is great and helpful
@5000jetadam
@5000jetadam 3 жыл бұрын
Ebay wants your SSN and Bank information. I'm done.
@SoutheastanglerLLC
@SoutheastanglerLLC 3 жыл бұрын
They should already have that info if you made a account to sell on
@kiramatzu
@kiramatzu 3 жыл бұрын
is the only way to skip scams more paypal after some charge request you ssn and licence is the same
@SoutheastanglerLLC
@SoutheastanglerLLC 3 жыл бұрын
@@kiramatzu they need to fix the biggest scam on there. I've had it happen to me numerous. The ebay return guarantee policy for items "not as described" is bullshit. I sold some computer parts that were very expensive. The buyer opened a not as described case and Ebay approved the return and the buyer sent me a box of trash and kept my stuff. I had no returns selected and in the description. I've even recorded myself opening other return scams to try to show ebay to help my case of what's going on. They dont bother to hear or see what's going on with this. They side with the buyer because it's their policy. So they are helping thiefs get away with stealing your stuff. So I've stopped selling on this bullshit site. It sucks ebay used to be a good site to make some cash. You are supposed to be happy when you sell something, not worried about if your going to be took advantage of. I shouldn't feel sick when something sells. Graphics cards are very expensive just to give away due to a selfish policy
@jelx1107
@jelx1107 3 жыл бұрын
Um yes because you should be paying taxes on your sales.
@carlosramos6922
@carlosramos6922 3 жыл бұрын
@@SoutheastanglerLLC true
@charlesforeman9438
@charlesforeman9438 4 жыл бұрын
$1000 dollars a week in sales I WISH , as i only manage to sell a few things over a month only. This New Ebay payments system just stinks, you should have the choice of what payment you take and pay from , be it PayPal - Debit Card - Credit Card or whatever payment system it should be our choice. Not be dictated to like this, i love my PayPal and most shops and companies take PayPal too
@ryantiques
@ryantiques 3 жыл бұрын
I’ve been an eBay seller since 1998 and just may well be done with them, since I generally only deal in antiques. Thanks for this video, good info, as I’ve taken a long break from selling and just returned to deal with all this and managed payments. Quick question/comment: why would anyone ship an item out prior to having the actual money in there possession? Everything I’ve read on eBay says the steps are #1 ship item. *shrugs* seems very sketchy to me….
@gpanten5684
@gpanten5684 3 жыл бұрын
An outstanding presentation and content, really appreciate You, taking your time, to do this! Thank You, Well Done!
@FlippinAintEasy
@FlippinAintEasy 3 жыл бұрын
Thank you!
@onlybrad
@onlybrad 4 жыл бұрын
Another difference between PayPal and eBay managed payments: While you could deposit your funds from PayPal 7 days a week into your bank account, eBay will only make 5 deposits a week, assuming you have signed up for daily deposits.
@FlippinAintEasy
@FlippinAintEasy 4 жыл бұрын
onlybrad I have had Managed Payments for almost a year now and I get messages on the weekend stating they have deposited funds into my account. This must be part of the new roll out?
@onlybrad
@onlybrad 3 жыл бұрын
@@FlippinAintEasy I didn't know that. Thanks for that.
@moonstars315
@moonstars315 2 жыл бұрын
i didnt know this...
@michaelelias2594
@michaelelias2594 3 жыл бұрын
The problem is that ebay is holding up the sellers money up to 5 days. To draw interest off the sellers money, which goes back to ebay. $1 of 3,000,000 sellers is $3,000,000 they can hold to draw interest.
@FlippinAintEasy
@FlippinAintEasy 3 жыл бұрын
Am I don’t know the “truth” but eBay states in their policy page they do not draw interest off of these funds. The delay of processing the payment is caused by the buyers bank.
@4Rascals321
@4Rascals321 4 жыл бұрын
Blue is your color! Thanks for the update as well!
@suerowe53
@suerowe53 3 жыл бұрын
Also you could usually find a buyers telephone number on Paypal to contact them personally if there was a problem with a sale but now you have to rely on the buyer seeing and responding to an Ebay message. Frustrating...
@ReviewsandTech
@ReviewsandTech 4 жыл бұрын
Darn, should of started that private site back in the beginning of the year and paid a few bucks for a decent SEO, that way we don't have to deal with this........!
@thefpvlife7785
@thefpvlife7785 4 жыл бұрын
As a moderate seller I'll let eBay hinder my account and not allow me to sell as I will be placing a lot sales on OfferUp, CL and Marketplace.
@melodyebuskin5490
@melodyebuskin5490 3 жыл бұрын
What’s CL? Looks like all the stuff I just uploaded will be going onto FB Marketplace and Poshmark. Have you used any other marketplaces that you can recommend?
@specterufo4009
@specterufo4009 3 жыл бұрын
Bottom line now we will have to wait a few days to get our money from ebay while the transfer to your bank is completed. I dont mind the paypal fees I get my money instantly ebay just wants to muscle in and control our money so they can use it to make more money through interest like from an interest bearing account. Amazon does the same thing it sucks.
@jackmehoff1275
@jackmehoff1275 3 жыл бұрын
i only sell stuff i dont wear or use ....i dont make much at all...in fact i only fund anything i want with ebay sales... so when i sell afew things...and i see something i want i use those funds to buy it and not a cc or bank account...
@FlippinAintEasy
@FlippinAintEasy 3 жыл бұрын
Set up a free checking account that you can use for this purpose. It will work in a similar fashion.
@mikesgtrs1
@mikesgtrs1 3 жыл бұрын
I don't send the item out until the money is received in my bank. If eBay takes 5 days to give me the payment that's bad luck for the buyer
@FlippinAintEasy
@FlippinAintEasy 3 жыл бұрын
In most cases my money is sent over to my back account the day after the buyer pays.
@traindad77
@traindad77 3 жыл бұрын
I got a notice saying I need to enroll or face being blocked as a seller. I only sell my personal stuff. Not a store or business. Not $10k a yr or anything.
@johnc1280
@johnc1280 3 жыл бұрын
Thought I would drop this for people that are curious. I was forced into this change last night , now today two of my items have sold and the buyers have paid and I got emails confirming the payment was ‘completed’ .....yet....where is my money? it’s not in my PayPal, and it’s not in my bank account.....but I’m supposed to ship their items. this is a completely asinine modification to eBays selling & buying program
@radioantique
@radioantique 3 жыл бұрын
Hello....I have been restricted to sell on Ebay in 2014.....Back then the Seller Dashboard was introduced and at first I didnt understand it..and didnt pay much attention to it...I had been a seller for 10 years and had over 8000 positives so I underestimated the seller dashboard.....So had 6 cases opened in 2 months (late shipments)..All items eventually arrived but PAM !...Ebay didnt let me list any more items...I can buy but cant list....I phoned and wrote to them 2 years in a row..and was always denied the chance to list again.....Maybe I didnt have solid argument.....I just said items where delayed in customs (most whent to Germany) and these buyers opened the claims and shattered my Seller dashboard. So maybe you that have a lot information and experience in eBay.....how could I be able to go back to list in ebay ??....Would you have any suggestions, tips or advise you could give me ??...I will be writing another message once again ...and will definetly need some all the help posible to see if they will allow me to sell again... Let me know please anything that might come in handy BEST REGARDS & THANK YOU !
@FlippinAintEasy
@FlippinAintEasy 3 жыл бұрын
Try sending a message to “eBay For Business” on Facebook. Tell them your situation and maybe even tell them you realize what you did wrong and have learned from it. See if they can reinstate your account. Aside from that maybe starting up a new sellers account. Good luck.
@debbiealvarez3682
@debbiealvarez3682 4 жыл бұрын
So? What choice do we have? If we don't like the changes our only choices are to just go with it or stop selling on eBay. Right?
@FlippinAintEasy
@FlippinAintEasy 4 жыл бұрын
Debbie Alvarez this is correct. As I have said many times, it is eBay’s game and their rules. The only choice we have is to play. While I certainly don’t like these rules, I haven’t found a better site to sell my stuff which is why I’m still playing their game.
@chrissyb7916
@chrissyb7916 4 жыл бұрын
I wish I could moved everything over to Mercari and be fine but Mercari isn't the income generator that ebay is. Posh takes way too much time because of it's emphasize and reward for "sharing'.
@FlippinAintEasy
@FlippinAintEasy 4 жыл бұрын
Chrissy B that’s my dilemma as well. We have items on Posh as well but that’s more of my wife’s thing and to be honest clothing is very saturated. I may start adding some Amazon FBM (fulfilled my merchant) and see how that goes.
@chrissyb7916
@chrissyb7916 4 жыл бұрын
@@FlippinAintEasy In my brother's area FB Marketplace is where he does well with non clothing, hard goods items. FB Marketplace isn't dead in my area. It's getting harder for a reseller out there.
@zamarrda
@zamarrda 3 жыл бұрын
SSN? Hook up my primary bank? Government further setting their hooks into us. With them already asking for handouts I’ll resist for as long as I can. Pass. Great video to help make decisions.
@FlippinAintEasy
@FlippinAintEasy 3 жыл бұрын
Thank you
@FlippinAintEasy
@FlippinAintEasy 3 жыл бұрын
One thing, you can always open a dedicated account just for eBay and then set something up where you transfer those funds over to your main account as an extra layer of security.
@maureenhalvorsen1042
@maureenhalvorsen1042 3 жыл бұрын
Would you recommend setting up a separate Banking Account for just ebay sales?
@sunstarlightangel4574
@sunstarlightangel4574 3 жыл бұрын
I would do that because it was the first time they asked for social security #
@elisacaldera72
@elisacaldera72 3 жыл бұрын
Doesn’t sound that bad to me. No more third party fees and you can select payment schedule. Other youtubers are saying they got paid next day. To pay for refunds or shipping labels it comes out of your eBay balance and if you have no funds on ebay then you can pay out of your bank account. People are complaining about giving an ssn # and bank info but gave it to PayPal?
@starlingswallow
@starlingswallow 3 жыл бұрын
It SUCKS. I get paid, eBay holds the money for 3 days and THEN says it's transferring payments to my bank which takes 2-4 BUSINESS DAYS!!! WHAT THE HELL??? With PayPal I could send a payment straight through to my bank the SAME DAY!! With Covid, some of us need the money ASAP. This is ridiculous.
@FlippinAintEasy
@FlippinAintEasy 3 жыл бұрын
I understand completely and ebay did a poor job preparing us for the differences between Paypal and Managed Payments.
@tishthedish7684
@tishthedish7684 3 жыл бұрын
This was helpful regarding the monthly Bill and if you don’t have enough in your account....but Amy question is how would that work exactly? eBay Covers the amount? And then I would pay back to bay? I have overdraft protection at Least, but it’s a new account so I’m not sure if they would still charge me some type of fee for doing that. I believe They do. That’s my issue. So if get a fee from my bank and I also pay back - that’s an extra amount of money paid due to this that I did not have before. I don’t plan to be in that situation but you see my point. However I still have my original bank account and PayPal that I can work off of. This is getting ridiculous now I’m having like three different accounts and one of them primarily is my personal one that I pay my bills with at home and then the PayPal and this newer one I use for eBay and whatever else I am doing and shipping etc. I believe that the new account also I’m not sure but I think they also would turn to my personal account if there’s not enough funds in there so overall I may be OK with eBay in that manner although I’ll still have an issue with my banks. Anyway OK so that was just my thinking. Thanks for all the info I appreciate it.
@specialk8927
@specialk8927 3 жыл бұрын
They suspended my account today cause I didn't sign up. I don't trust them to give them my bank account information and when someone returns something they NSF my bank account over and over hell naw
@fishmonger52
@fishmonger52 3 жыл бұрын
Just had an email about this (ebay uk) and naively opted in without doing research (sounds like it would be forced upon me soon anyway though). Had issues with paypal and never found it perfect but in this instance its the much lesser of 2 evils. Out of principle I will never give my bank account details to anyone. This paired with the whole limited power of attorney situation with trustly, I wont be selling anymore on ebay. Whilst I am aware they wont even notice Im gone, I can see many sellers doing the same. Its going to hurt them down the line.
@sunstarlightangel4574
@sunstarlightangel4574 3 жыл бұрын
We were the one that gave them their start, so at least I can walk away since 2001 with 5800 feedback and 100% - doesn't mean much but I have put my heart into this side business, and can rest knowing that.
@fishmonger52
@fishmonger52 3 жыл бұрын
I am small fry in comparison to your ebay profile to be honest. However, I have enjoyed the ride selling about 500 items just as a private seller over the past 7 years. All good things must come to an end. But like you, I always managed to maintain 100% feedback as I did everything I could to offer a good service and maintain a complaint free account. It all seems rather futile now but I have no regret. If you find a suitable alternative to ebay, let me know! As it was clothes I was selling, I will be using Hardly Ever Worn It (HEWI) from now on. Best of luck with your selling in the future :)
@sunstarlightangel4574
@sunstarlightangel4574 3 жыл бұрын
@@fishmonger52 aw you too I liked clothing too. If I had the funds or investors would be great to get in the game of an auction house, like it use to be. Maybe someday. 1 million sellers at $10 a month no other fees. 😉 Someone ought to run with that...
@fishmonger52
@fishmonger52 3 жыл бұрын
@@sunstarlightangel4574 Haha I thought the very same. There is certainly going to now be a gap in the market entirely of ebays own making. It doesn't need to reinvent the wheel, can just follow ebays blueprint but doesnt add an overly intrusive payment system to sellers. Give me a shout if you get into the auction game, I will buy into that for a share in the company haha
@sunstarlightangel4574
@sunstarlightangel4574 3 жыл бұрын
@@fishmonger52 seriously if I find tech, hosting etc we could could get the ball rolling with small investor funding. Think before you know we would have more than one million sellers if they knew it was a flat $10 a month...don't think we would need to sell anything again 😉
@mund1photo
@mund1photo 3 жыл бұрын
As far as ebay providing info to the IRS and you getting a 1099, what if you selling personal items, that have been yours, bought paid with tax years ago. How is this differentiated, you cant be expected to pay tax on personal items sold ?
@blahblahblah1787
@blahblahblah1787 4 жыл бұрын
This is just part of a greater decoupling of eBay and PayPal as they have been separate companies for several years now. The majority of the public does not know this, however, and more notices throughout eBay would be beneficial for everyone.
@tobywinter1
@tobywinter1 3 жыл бұрын
Just watched another video on this topic and the gentleman said that the reason we have to give our Social Security number is because the government is now going to make us pay taxes on all income from Ebay. For that reason he said he was done with them. You say this is only true if we make above a certain amount. I hope you are right.
@FlippinAintEasy
@FlippinAintEasy 3 жыл бұрын
This is in line with what Amazon does and what Paypal did (and does for its remaining ebay sellers). If this other KZbinr is privy to other information I do not have, then I can't account for that. However I will see if I can get an answer to this for you.
@johnnyd413
@johnnyd413 3 жыл бұрын
I’m not selling on eBay anymore
@johnnyd413
@johnnyd413 3 жыл бұрын
Update! eBay told me they plan to fix their stupid payout system in March. So maybe there is still hope for them.
@GiveWithLove
@GiveWithLove 3 жыл бұрын
@@johnnyd413 What exactly did they tell you? I don't want to give my personal info and I just got a warning that I can't list new items, relist, and revise listings. Ridiculous!
@specialk8927
@specialk8927 3 жыл бұрын
Guess mine will stay suspended
@specialk8927
@specialk8927 3 жыл бұрын
@@GiveWithLove I got suspended today also because I didn't give my bank info
@GiveWithLove
@GiveWithLove 3 жыл бұрын
@@johnnyd413 you mean it won't be mandatory?? oh I hope so
@tomj7428
@tomj7428 4 жыл бұрын
Thanks for the great presentation!
@jamieguthrie9833
@jamieguthrie9833 3 жыл бұрын
How can we all come together and open an EBAY like website that is not as greedy?>>
@FlippinAintEasy
@FlippinAintEasy 3 жыл бұрын
Facebook Marketplace is as close to that you are going to get unfortunately.
@BestVideosToWatchTV
@BestVideosToWatchTV 3 жыл бұрын
I already tried that years ago and it did not work because if you’re not eBay Amazon or Walmart then it is now hard to get into the auction website business.
@MrKiet76
@MrKiet76 3 жыл бұрын
My problem with eBay pay management is at the beginning (being the noob that I am) I entered the wrong account info. But this is my thing shouldn’t they check if that account or that number to that account exist first before setting it in the system? Cuz now They’re not letting me edit/fix the account to the right order! They keep asking me for new account info and I don’t have a new one! It maybe old account but it’s the correct info this time so I’m stuck with that I think they just wanna hold onto my funds in case something happens they can tweak it to their own benefit!
@StephRenee812
@StephRenee812 3 жыл бұрын
Omg I am so confused I just started selling awhile back, I took a break and now back into it, now my money is on hold, it won’t let me sell anything I put in all info for back account info and still can’t sell. I was selling everything antique and vintage things I have for Christmas my only income and I’m freaking out
@FlippinAintEasy
@FlippinAintEasy 3 жыл бұрын
Did you miss the deadline date that ebay gave you to set up your Managed Payments account. if you miss this deadline, you will not be able to list new items until this has been resolved. Reach out to ebay and ask for the Managed Payments team so they can tell you what you need to do.
@HunterTom3006
@HunterTom3006 3 жыл бұрын
how can you sell your items on the internet other than eBaY? anyone knows what site? Don't think I can give eBaY my bank info and SSN#. Maybe a new 2nd bank account info If I do switch.
@FlippinAintEasy
@FlippinAintEasy 3 жыл бұрын
Mercari Poshmark Bonanza to name a few
@Cvtreasures
@Cvtreasures 4 жыл бұрын
Actually you are NOT correct that PayPal does NOT freeze "Return" money. They absolutely do, immediately. Once an eBay Return is initiated PayPal has Always immediately Reduced that mount right from your PayPal account. And if you don't have enough funds PayPal puts your account into the Negative.
@FlippinAintEasy
@FlippinAintEasy 4 жыл бұрын
Kevin Conway not in all cases. I know this as my last return on my other store did not withhold funds from my account until I actually received the return and initiated the refund. From what I understand it depends on your PayPal account status and/or how the return was classified by the buyer. An item not as described will be held every time by PayPal.
@angelsvintagetreasures
@angelsvintagetreasures 3 жыл бұрын
Have you looked at the difference in the % of FVF's before and after managed payments? I have not yet converted over. I'm still dealing with the loss of the store custom pages.
@dealsgalore
@dealsgalore 3 жыл бұрын
So what other platforms are basically like EBay where a disabled person like myself can sell my personal items I’ve acquired throughout my life and sell them without having to worry if I am going to be forced to claim taxes on my personal items?
@FlippinAintEasy
@FlippinAintEasy 3 жыл бұрын
Mercari or Poshmark more than likely. However if you are selling personal belongings and not reselling as a business, it would be tough to surpass the thresholds to make it a taxable event.
@dealsgalore
@dealsgalore 3 жыл бұрын
@@FlippinAintEasy well being a Alaskan and a pack rat plus with my Sportscards I’ve been collecting since the 70’s as a hobby I think I would blow outta water any thresholds where Uncle Sam wants his take. You know they tax is making it, spending it, saving it and selling it. So would 250,000.00 in Sportscards raise some eyebrows in the Tax Man’s office? Now we start adding in old case pocket knife collections, antiques, Guns, Traps, Brother have you ever been to rural Alaska and seen some of our places? Let me tell you most places up here are small mini malls of about everything under the sun because up here it’s so hard to get anything so when you Barter and wheel and deal you wind up with 1-2 things you can use now and 15 you have no clue if you’ll ever use them but you damn sure know someone is going to be needing them soon enough and that’s when a 10.00 2” shark bite fitting is worth 250.00 to the man and that’s just the way life is up here. Now naturally I didn’t go get a Tax ID and purchase through a distributor or wholesaler but I would be hard pressed to see how I would not be flagged the first 6 months of listing auctions for sale. You know I was just thinking I’m in a world of hurt already and I should’ve been selling all this stuff years ago because it’s looking like a MAJOR undertaking that I could sure use about 3-4 full time people! 😂 I actually thought about selling the property residence and all the belongings as is on EBay but I don’t think they let y’all do that anymore I heard that anyways? Sure would be nice to walk out one day with a wire transfer to the Cayman Islands you know? 😂
@jonm4802
@jonm4802 4 жыл бұрын
I have been on managed payments since middle of august and so far I have found it to be fine. If you are worried about left and right returns you need to check how you run your business. Now and before with paypal I had to deal with maybe one or 2 returns a year and honestly with hundreds of transactions it isn't a big deal. If you do everything honestly you should not be having a ton of returns. Someone said people won't have to return the item, not true. Ebay may withhold the funds but the buyer still has to ship the item back and you receive the item back. From a person with 100% positive feedback who is honest and clear in my listings I see this as much easier and I like not having the huge bill on the 15th. My only question is is the $20k for the 1099 going to be based off of your paypal payments and managed payments combined? Like lets say you had $10,000 in sales with paypal and then were switched to managed payments, is that 20k threshold started over at $0? or will they combine the two somehow. As of right now I will not get a 1099 from paypal as I see it, and I doubt I will make 20k under managed payments by years end so does that mean I will not get any 1099 this year? Any info on this would be helpful.
@FlippinAintEasy
@FlippinAintEasy 4 жыл бұрын
Jonathan Manley your returns are very much based on the kind of items you sell. I sell electronics and have not only received my fair share of returns but also a few where the customer has kept the item I sent only to receive their old broken item. I have also sold safe non expensive items resulting in no returns at all. Bottom line, you can be as honest as you want and if you encounter a buyer who is up to no good, it can happen to you too. Keep in mind the $20 is for each payment professor. eBay MP and PayPal do not share these records. This is exactly what happened to me last year except due to my sales I received a separate 1099 from each one.
@jonm4802
@jonm4802 4 жыл бұрын
@@FlippinAintEasy Wow that stinks, I sell mainly video games and electronics too. Have never as far as I can recall had any scam issues (maybe early 2000's when cash and money orders were still allowed), a few returns here and there yes but nothing that wasn't managable. But your video was very imformative thanks.
@jonm4802
@jonm4802 4 жыл бұрын
@@FlippinAintEasy So even if the payment is through Paypal the 1099 would now come from E-bay even if it was paid for by Paypal? It's rather confusing, so they are essentially paying E-bay not me directly? Well I made under 20 with Paypal before MP started in August so I guess my only 1099 would be from ebay MP which in my sales volume will be unlikely.
@FlippinAintEasy
@FlippinAintEasy 4 жыл бұрын
Jonathan Manley no. That’s not what I’m trying to say. PayPal and eBay MP are separate payment processors and do not share information. If on either you have over $20k in sales and over 200 transactions with either MP or PayPal you will get a 1099. If you made $10k while using PayPal and $10k while using MP, you will not receive one. In either case you are required to report these sales when you are doing taxes.
@yamabushisama
@yamabushisama 3 жыл бұрын
trumps reach is far and wide!! lol just kidding
@tfsvegeta9826
@tfsvegeta9826 3 жыл бұрын
When a customer pays with paypa i have to pay that fee and ebay manahed payment fees as well. Double fees
@BEAUMONTHART
@BEAUMONTHART 3 жыл бұрын
is this switch MANDATORY? It's now Jan 15 2021 & I just received a message from eBay saying I need to switch over by Jan 20th. This video was posted in July 2020 & you said that there is week to go for deadline. Are there staggered deadlines for sellers? I've been on ebay since 2002 Thank you ahead of time!
@sunstarlightangel4574
@sunstarlightangel4574 3 жыл бұрын
Me too since 2001, not sure I want to go on, hate it because I've enjoyed the extra income. Not sure where to turn..btw when I called because I haven't found my bank listed, it was going to be 153 minute wait time.
@NEKAADMI
@NEKAADMI 4 жыл бұрын
Good Information so far. I have one little confusion here. For explain if I Register eBay's Managed Payments now, So should I still able to use my PayPal account and my money will be stay into my PayPal account for online shopping? Cause usually I have lot shopping online and I always use PayPal, wherever its' say PayPal payment I use my PayPal account. Cause I don't want my money move to eBay account, I want to stay into my PayPal. So please advise. Thanks Rick
@dianekipp9630
@dianekipp9630 3 жыл бұрын
If I'm forced to accept credit cards for payment, then am I obligated to the card company fees? I have only accepted Paypal as a form of payment for my individual sales (I'm not a business). I don't want to mess with credit cards or with international payments. Can I restrict my managed payments to not accept credit cards and no international sales?
@FlippinAintEasy
@FlippinAintEasy 3 жыл бұрын
No way to restrict payment types. I believe eBay handles these fees on their end and those fees are built into the fees we are paying them.
@DanLewisSmith
@DanLewisSmith 3 жыл бұрын
I only sell as a hobby......not a business.....so do I have to do this if I'm not a {business}.
@FlippinAintEasy
@FlippinAintEasy 3 жыл бұрын
Not if it is a hobby but you certainly want to do research online to see how many sales constitutes a hobby vs a business.
@truediamond8212
@truediamond8212 3 жыл бұрын
Nope, I'm not switching. I knew it was some bs behind it. and if my listing says no returns accepted, there's no negotiating after that .you shouldn't have bought it. And if they try to force me to change over, deuces. I'm with Amazon for now on
@FlippinAintEasy
@FlippinAintEasy 3 жыл бұрын
If your not gated on Amazon for the items you are selling that is an excellent alternative. All the best.
@KarunaFilms
@KarunaFilms 3 жыл бұрын
great information. do we must switch from PayPal to managed payments or it's ok to stay with PayPal? please let me know. thanks
@AlsCollectibles
@AlsCollectibles 4 жыл бұрын
Great info! Thanks for sharing
@johnnyhughes6877
@johnnyhughes6877 3 жыл бұрын
THANKS!
@Dcthetruth85
@Dcthetruth85 3 жыл бұрын
Flippin Aint Easy thats a Dope name.
@FlippinAintEasy
@FlippinAintEasy 3 жыл бұрын
Thank you!
@callofdutybloginfo
@callofdutybloginfo 3 жыл бұрын
So what gets transfered to my account as payout? I switched last week and I have Pending Funds and Available funds. Does anyone know how long it takes for the pending funds to become available funds? I understand the available funds become payouts for the following day. This thing has messed up my cash flow. Let me know please
@FlippinAintEasy
@FlippinAintEasy 3 жыл бұрын
I have been told it depends on the funding source from the buyer. So one credit card company may take longer for ebay to obtain the funds from than another bank. When you buy and item at a store, you will notice on your online statement the charge is "pending". While you get to take that item, the card processor the store uses doesnt send the money to that store for a few business days since it is never an instantaneous process. We were spoiled with Paypal as they fronted us the money into our account while waiting for the funds to clear for the buyer. Ebay doesnt do that.
@callofdutybloginfo
@callofdutybloginfo 3 жыл бұрын
@@FlippinAintEasy wow this explains it. Thanks so much. Now I kinda miss PayPal although they have reobbed me north of 500 dollars for disputes that ended in my favour but they never released the money back. I guess this will require budgeting and maybe time to take out another credit card until I get the hang of things
@smuffinable
@smuffinable 3 жыл бұрын
thanks so much for your video. you are a natural
@FlippinAintEasy
@FlippinAintEasy 3 жыл бұрын
I appreciate that! Thanks for watching!
@smalltownpicker
@smalltownpicker 4 жыл бұрын
I just subbed. Great video. Thank you!
@rw9866
@rw9866 4 жыл бұрын
Its a normal thing its a change that we need to accept not much we can do.
@FlippinAintEasy
@FlippinAintEasy 4 жыл бұрын
Re seller guy I can accept change for sure but while Ebay is at it change a few things that can help out the sellers.
@jamesdecross1035
@jamesdecross1035 3 жыл бұрын
So, all this pending money sits in eBay accounts - making money for them???
@BargainswithLove
@BargainswithLove 3 жыл бұрын
Love the video, Thank you, Great jobs
@FlippinAintEasy
@FlippinAintEasy 3 жыл бұрын
Glad you enjoyed it!
@wyldroselee6446
@wyldroselee6446 3 жыл бұрын
Hi there, this was definitely informative but I need info for Australian ebay. Some of this does not make sense to me and I have 7 days to decide. eg we don't have any SSN, we don't have checking accounts, and if ebay is going to be able to access my bank account to take money OUT, well that's not happening - I'm on a tight budget and need to know where every cent is. Nobody has ever asked me for information on how to access my bank account for the purpose of withdrawing money - in fact my bank says that if anybody does it's a scam and don't do it. I never thought this was serious until today. It was always put that "You are eligible ..." never that it had to be done. So anyway, would anyone have an Australian KZbin video link regarding this please?
@johnc1280
@johnc1280 3 жыл бұрын
Buyer pays me that money goes into my bank account now ? and it’s not immediate ? how is that better than the money going instantly into PayPal
@FlippinAintEasy
@FlippinAintEasy 3 жыл бұрын
It’s not.
@johnc1280
@johnc1280 3 жыл бұрын
@@FlippinAintEasy Thanks for posting this video and the immediate response. so I was just forced into this change today. I’m very trepidation us about what to expect from here on out
@FlippinAintEasy
@FlippinAintEasy 3 жыл бұрын
@@johnc1280 it’s not as bad as it seems. It really only affects those who NEED their funds right away but there are ways around this like using a credit card you pay off once you receive your money. There are other ways but it doesn’t have to be as bad as some have made it out to be.
@johnc1280
@johnc1280 3 жыл бұрын
@@FlippinAintEasy OK well I have a few Auctions up with bids on them so there will be transactions approaching. What I am concerned with is when the buyer makes payment how long does it take for it to transition completely over to me to do with what I want with it
@johnc1280
@johnc1280 3 жыл бұрын
@@FlippinAintEasy Can you explain it to me like a five-year-old please sir I’d appreciate it so when someone pays me how long do you think it will take for it to go into the bank account that I have linked to this new payment system
@CoryW24
@CoryW24 4 жыл бұрын
Hi, great video. Quick question that may be answered as I watch your other videos. Does this mean we save the paypal fees? Or did ebay introduce a new managed payments fee so that we still get dinged the same amount?
@FlippinAintEasy
@FlippinAintEasy 4 жыл бұрын
Cory Ward with Managed Payments you still get hit with a 2.1% fee as compared to the 3% fee that PayPal collects. So they are using this as a way to make even more money off the sellers back while providing really no additional benefits to us. Great deal huh?
@richardvargus7443
@richardvargus7443 4 жыл бұрын
@@FlippinAintEasy uhhh 2.1 is less than 3% who cares who gets it.
@FlippinAintEasy
@FlippinAintEasy 4 жыл бұрын
Richard Vargus your right but remember PayPal was collecting the additional fee, not Ebay. Now they eliminate PayPal and charge is this free themselves = more money in their pockets from sellers.
@richardvargus7443
@richardvargus7443 4 жыл бұрын
@@FlippinAintEasy yes I realize that....again 2.1% is less than 3% so you are saving .9%. You talk like eBay is your enemy instead of your business partner.
@FlippinAintEasy
@FlippinAintEasy 4 жыл бұрын
@@richardvargus7443 I only report to you how their policies are set up, which is NOT in the favor of good sellers. You would hear no complaints from me if they invested the additional fees they are earning from the sellers into enhancements that will benefit us all such as immediate payment requirement for Best Offer (which would not be difficult for them to implement).
@lizlois9314
@lizlois9314 3 жыл бұрын
Thanks for the good info..appreciate it!
@SuzannesSimpleLiving
@SuzannesSimpleLiving 4 жыл бұрын
Will manage payments be the whole world over ? I am in Britain 🇬🇧...Thankyou
@MrSonoranbird
@MrSonoranbird 3 жыл бұрын
I have a question for you. You stated that ebay needs our ssn so that they can send a 1099 form to the IRS. You also stated that they only send a 1099 if there has been over 250 items sold AND $20,000 in sales. So, would I be correct in saying that if there are $30,000 in sales but only 200 items sold, then ebay does not send the 1099 to the irs? Would appreciate clarification on that. BTW, thanks for making the videos.
@FlippinAintEasy
@FlippinAintEasy 3 жыл бұрын
You are correct. Since ebay has no way to know what you will earn ahead of time, they want this info up front in case you cross those thresholds.
@h.g.almond4600
@h.g.almond4600 3 жыл бұрын
Is there shipping or any fees with the new eBay payments thing
@technicsmelancholic6289
@technicsmelancholic6289 3 жыл бұрын
So the new Ebay fee on a $15 dollars sale will be $1.85 plus $30 cents ! but will Paypal continue to charge fees if the Buyer Makes payment through Paypal !? even if we are already enrolled in Ebay's Managed payments ? Thanks
@armandrodriguez8501
@armandrodriguez8501 3 жыл бұрын
I liked being able to go to Paypal and see the money that came in, in real time. I knew exactly what was going on.
@user-cl3tm4uj9y
@user-cl3tm4uj9y 3 жыл бұрын
im having such a hard time with it mannn they keep charging me wont tell me what its for and i cant fking contact them theyre literally useless im gonna stop buying and selling from them
@Horologist-zu5vq
@Horologist-zu5vq 3 жыл бұрын
Seriously i quit using them. It was great getting the money then and there. Fck Ebay
@rhaelyn1669
@rhaelyn1669 3 жыл бұрын
Manage Payments or PayPal, as long as there is a case open, fund will be put on hold. ☺️
@donaldwarnick3412
@donaldwarnick3412 3 жыл бұрын
I’m just starting out selling and just assumed I needed to start an eBay account then PayPal then a separate bank account and link them. I have no idea what all this means. I have some research to do.
@Invisibletoday
@Invisibletoday 3 жыл бұрын
@Nico Priester It’s not worth quitting for 🤣
@Chantelle564
@Chantelle564 4 жыл бұрын
if it ain't broken, don't fix it! everytime Ebay comes up with changes it is to benefit them. Not US
@FlippinAintEasy
@FlippinAintEasy 4 жыл бұрын
Charmaine Abbott Moorhouse almost every time a change is made eBay finds a way to make extra money from the sellers.
@Chantelle564
@Chantelle564 4 жыл бұрын
@@FlippinAintEasy very very true
@chrissyb7916
@chrissyb7916 4 жыл бұрын
Ebay should never have spung off Paypal.
@Regina.Michelle
@Regina.Michelle 4 жыл бұрын
So true
@mandyerickson2997
@mandyerickson2997 4 жыл бұрын
I do not understand your issue. PayPal charges .30 and 2.9%... Ebay will only charge the .30 cents and nothing else aside from the already there final evaluation fees. THIS SAVES SELLERS 2.9% IN FEES! This also allows buyers to use ALL options, insulting still PayPal. If you are against this, you don't get it. Let me inform you of something.... PayPal has been messing up to where people are not being able to pay. It blocks them. I get this a lot from my buyers. It has stopped me from getting SO much money and then people cancel because they can't get help from PayPal or their account to work. I myself, tried to open up a PERSONAL account back in January 2020 to keep personal and business separate (I have had a PayPal business account for 20 years and they are our credit card processor for our website too. I just switched last week to Square since PayPal was messing my website up and my customer were getting PISSED they could not pay and threatened to go elsewhere) And I have been trying for 5 months, every week, to get my account to let me buy anything. So I tried using my credit card directly through eBay (As they are/were ebay's credit card processor) and it blocks me there still, even without using PayPal to check out. I tried 4 different cards... But bay's credit card processor (PayPal) blocks me. I have spent HOURS trying to get PayPal to get my account fixed and they won't. they keep saying it is my card, yet I buy things online almost daily with that same card. I even called my bank 3 times to triple check and they say they don't even see an attempt so PayPal is red flagging me. PayPal has 0 phone support right now, no tech support or supervisors... only a chat which glitches and logs you out constantly and then you lose your chat window after waiting for an hour to get someone. Then if you don't reply within 1 minute, they say "It looks like you have stepped away, let us know when you are available" I NEVER STEPPED AWAY! I was typing my response. And even though my original message states all my issues, they don't say anything to help unless you are active within seconds. Even in the middle of chats, I randomly get a new rep every 10 min or so and then you have to explain again! Every rep says a different thing and I am serious when I say I have spent HOURS and HOURS. I even tried to link my bank and it gets me through all the motions and after I do the confirmation to link, I get an error. I tried to attempt this on a different browser and devices with the same result. Again, since January and I try several times a week. I even waited a couple weeks to allow a rest to see if it was too many attempts. I get told there's nothing wrong on my account by one person then another says I need to verify my identity by adding a bank and it wont let me. I have one order for $182 waiting since January for me to pay and it won't let me. And I have buyers with the same issue to check out with my items. This all started with covid 19 and PayPal no longer offering phone support, tech support or email. Only a defective chat. And my income have dropped yet my sales are up since then. (Not because of covid19 as my business thrives in termoil as it creates an income for my buyers.) And I have over 18 different orders UNPAID and all the buyers are saying they can't pay just on eBay alone. Some have sent me a check which is against eBay policy. I called eBay so frustrated I was crying about PayPal making me lose orders and they told me that is WHY THIS CHANGE IS HAPPENING! Because there is a LARGE percentage of people who cannot buy anything if they opened a PayPal or eBay since January. So any newer people get blocked and stuck. AS SELLERS WE WANT NEW CUSTOMERS!!! They are costing both eBay and sellers a lot of money. You might have someone trying to buy from you and they cannot, and you have no idea that happens unless they contact you! THINK ABOUT IT! There is nothing wrong with this. It is GOOD!
@hornet224
@hornet224 4 жыл бұрын
Oh how I wish we could roll the clock back to the early days in 2001 when Margaret Whitman was so supportive of Sellers. It was marvelous! After 19 years, I'm moving on soon.
@everettplummer7281
@everettplummer7281 4 жыл бұрын
I have been buying and selling on ebay for over 20 years (about 100 transactions a month) and it gets WORSE every day! It seems that ebay makes changes just to make changes. I can only think of one change in 22 years that was an improvement. I don't think I am long for ebay. My sister asked me about starting on ebay. I told her that If I were starting today I would not sell on ebay. I HATE IT!!!
@MrJti8899
@MrJti8899 4 жыл бұрын
@@everettplummer7281 totally agree. We have multiple selling accounts on eBay and have consistently sold for years, every change has been bad for sellers, good for buyers, great for eBay. First account forced toward managed payments just got restricted from listing today. We have not complied, and don't think we will. I figure there has to be one change that finally makes sellers say "enough is enough" and move on. Maybe then a credible competitor can enter the space and create something that works? We need a decentralized market place that allows sellers and buyers to transact without the elephant in the middle. Will be moving on when all accounts reach restrictions form listing. Would not recommend anyone new start an eBay business now.
@nancyloomis3046
@nancyloomis3046 4 жыл бұрын
I know, I have sold on Ebay for many years. I think now, it just seems their fee structures and policies are too sided toward themselves and then buyers...the sellers are a distant 3rd. Ebay will still dominate the reseller market, but I see other online sites gaining some ground. Ebay also changed a lot when large retailers started selling their goods there. That changed the core nature of what Ebay started as and turned them into something more akin to Amazon or Walmart. And Ebay still defaults to listing your items as a bid. As a small vintage reseller, I have lost out big-time when I have listed items for bids, so I rarely do it anymore.
@Reality_TV
@Reality_TV 4 жыл бұрын
@Hornet224 - NO YOUR NOT! You aren't moving ANYWHERE! Managed payments is GREAT! You are going to keep MORE of your money! NO MORE PAYPAL FEES! Calm down! People always get upset when there is change! Managed payments is no different than any other processor handling payments to you! When you use Mercari, you get paid by Mercari! When you use Poshmark, you get paid by Poshmark. Now, when you get paid on eBay, you get paid by eBay! You are going to take a deep breath, complain a little bit and then love it!
@Conscious_convo
@Conscious_convo 4 жыл бұрын
@@Reality_TV So, is ebay NOT charging 30 or 35 cents per item sold? Paypal had a per transaction fee, not a per item fee. Please clarify.
@themathrock1607
@themathrock1607 4 жыл бұрын
I'm pretty sure that money is instantly frozen in Paypal as soon as buying clicks on return. Ebay and selling online just keeps getting worse and worse.
@utahdesertadventures4512
@utahdesertadventures4512 3 жыл бұрын
You are absolutely correct
@LilBleachThaGod
@LilBleachThaGod 3 жыл бұрын
So many returns in dec not worth my effort lol 😂
@TheNeoMetric
@TheNeoMetric 3 жыл бұрын
Yes, so.. why is this guy saying it's the central major change?
@airman617
@airman617 3 жыл бұрын
Certainly is in the UK
@jeff-kf5oe
@jeff-kf5oe 3 жыл бұрын
Should have been optional not mandatory. Ebay will get killed on this.
@davidcgiannatelli9983
@davidcgiannatelli9983 3 жыл бұрын
Yes agree fully
@teachingtruthtoday2023
@teachingtruthtoday2023 3 жыл бұрын
They better
@rickyiglesias5384
@rickyiglesias5384 3 жыл бұрын
how? less fees for the seller. i don't see why this is an issue for anyone.
@fredcarter2894
@fredcarter2894 3 жыл бұрын
@@rickyiglesias5384 Yes anything to get away from the monster Paypal
@ferenchickfamily2426
@ferenchickfamily2426 3 жыл бұрын
@@rickyiglesias5384 Where are the less fees, exactly? And come April 1, they go up again.
@ReviewsandTech
@ReviewsandTech 4 жыл бұрын
Anytime you are forced into change, its usually NOT good on the receiving end !!! For example the Seller in this instance !
@fredcarter2894
@fredcarter2894 3 жыл бұрын
George Soros bought a controlling interest in Paypal, soon you will all see why!!
@scottymathieson9529
@scottymathieson9529 3 жыл бұрын
What Ebay FAILS to tell their sellers is it also ***DEPENDS ON YOUR BANK *** AFTER Ebay sends the original payment AFTER 3-4 DAYS. THEN IT GOES TO YOUR BANK, THEN MY BANK takes ANOTHER 4 days to process money !!!! its take a week to get paid !!! WAY TO SLOW EBAY
@MiTmite9
@MiTmite9 4 жыл бұрын
Here's what I find wrong with this: When I had to return an item I purchased on eBay because the item was poorly made and fell apart right out of the box (a $140 item, no less) -------eBay protected the seller (who was incredibly rude and boorish, by the way), bought her line of b.s. and refused to refund my money. I knew enough to appeal to PayPal and guess what? PayPal stepped up and got me my refund. Just like that. No problem. I LIKE that PayPal is there, as a back-up plan for both the buyer and the seller. As a seller, I LIKE that PayPal has more complete info on my buyers. I LIKE the way PayPal handles my sales and allows me to either keep the money in PayPal or transfer to my bank account, as I see fit. I LIKE the way PayPal is set up, when I want to give my buyers a partial refund. PayPal is often easier to use than eBay for certain things. What eBay is doing is nothing short of a monopoly now. I'm not convinced this is in the best interests of the seller or the buyer.
@miamiwax5504
@miamiwax5504 4 жыл бұрын
I don't believe that. Ebay allows all returns. I've never heard of ebay not allowing a retun unless it was outside of 60 day window for a return. I've been selling over 10 years on ebay, never heard such a thing, sorry.
@sandiablo360
@sandiablo360 4 жыл бұрын
I like having money go to paypal too.
@sandral.7633
@sandral.7633 3 жыл бұрын
I loved Paypal protection and it wasn't a guessing game when I would get paid for items I sold.
@melodyebuskin5490
@melodyebuskin5490 3 жыл бұрын
I’ve had the same experience.
@mrequi1
@mrequi1 3 жыл бұрын
You do know that ebay owns PayPal don't you? (well they did spin off a few years ago, but left the agreement that runs out this year.
@christopherjones5561
@christopherjones5561 3 жыл бұрын
I'm done with eBay. I am not giving them my SSN and bank account info.
@area51ville
@area51ville 3 жыл бұрын
thats bs why do they need our ssn???
@FlippinAintEasy
@FlippinAintEasy 3 жыл бұрын
@@area51ville they need it in case you happen to sell a high enough volume to warrant a 1099.
@michellewei7349
@michellewei7349 3 жыл бұрын
@@area51ville I just read that it's 200 transactions and 20,000k yearly to file a 1099. In four months I've only done 30 transactions and just over $1,000 sales ( before deductions ). I'm a very small fish. Just randomly sell stuff. So now I'm going to submit it... it's all because "so many fall under the radar". Ugh!
@brianeharmonjr
@brianeharmonjr 3 жыл бұрын
I did, and now it's telling me that they can't verify my bank info or identity. Been an eBay user for 20 years, and it's more frustrating every year. So disappointed. Can't get with chat or phone support either.
@mrantone916
@mrantone916 3 жыл бұрын
Oh Heck no!
@AC-fv7kt
@AC-fv7kt 4 жыл бұрын
I signed up for managed payments and got the approved and all set. 2 days later I get a red message saying their is a problem with the bank account I gave. Resubmit and approved. 2 days later red message. Contact eBay on what is wrong with the bank account I provided as I've used this with PayPal with no issues for 5 years? They are looking into what the problem is and will get back with me....its been a week with no answer. This is going to be so much fun! Ebay who cannot run anything 100% correct is now trying to manage money.....lol
@FlippinAintEasy
@FlippinAintEasy 4 жыл бұрын
A C in over their heads on this one I think...
@i.m.7710
@i.m.7710 4 жыл бұрын
That happened to me also. I have a credit union and I saw a fleeting message in the blink of an eye that said "credit unions...something, something, not good." So, we can stay on PayPal? I winnowed out my store but I will be building it back up very soon!
@AC-fv7kt
@AC-fv7kt 4 жыл бұрын
@@i.m.7710 I had a good call with Ebay today and no we all have to do managed payments. If you sell alot inCoins/billions/adult materials and a few other areas you are getting an extension to stay on old system longer as Ebay tries to fix the system to allow t ni use sales on managed payments. Also, auctions are gone for now. So once you switch your store wont be divided into buy it now/best offer and auctions, you will only list buy it now. Auctions will come back if they figure out how to comply it with manage payments....weird stuff shaking down in ebay.
@FlippinAintEasy
@FlippinAintEasy 4 жыл бұрын
I. M. If your not changed over to Managed Payments you can stay on PayPal until later in the year when the last group is moved over.
@AC-fv7kt
@AC-fv7kt 4 жыл бұрын
@@FlippinAintEasy according to Ebay yesterday if your name is on the list for this block your moving unless you have a high sales rate in certain areas that are being eliminated then you can an extension and not do managed payments.
@irizarrylumi
@irizarrylumi 4 жыл бұрын
eBay is going to drop off for selling.
@LifesPeachy321
@LifesPeachy321 3 жыл бұрын
I'm a seller...an angry seller, but I agree sales are going to drop off. I use to buy on eBay so much, now I buy mostly on Amazon. When eBay ceases to allow me to pay through PayPal (2023), I'm done as a buyer and a seller!
@mrequi1
@mrequi1 3 жыл бұрын
Not even. They know exactly what they're doing.
@marvelmiracle9931
@marvelmiracle9931 3 жыл бұрын
@@LifesPeachy321 can u switch back to PayPal??,,
@LifesPeachy321
@LifesPeachy321 3 жыл бұрын
@@marvelmiracle9931 Unfortunately, no. They've cut all ties with PayPal.
@marvelmiracle9931
@marvelmiracle9931 3 жыл бұрын
@@LifesPeachy321 damn. So I sold an item it says paid but I haven't gotten paid in my bank or pp.... not sure what to do
@LifesPeachy321
@LifesPeachy321 3 жыл бұрын
eBay is a vessel for my business...I use their "site" to sell "my" product and I pay them handsomely for this service! It ceases to be "my" business when eBay has chosen to dictate how I can receive MY payments. I can't tell you how frustrating that is! That would be like me renting a commercial building and the landlord dictating to me how I receive payments and if I didn't agree to use the bank they own, I couldn't sell there even though I'm already paying them rent for the use of their building. Bizarre right? Seriously! The sellers ARE EBAY without the millions of products for sale, they wouldn't make money, but we are ALWAYS treated like trash! ALWAYS!
@Regina.Michelle
@Regina.Michelle 4 жыл бұрын
I’m really not looking forward to managed payments..
@kyleterran6850
@kyleterran6850 4 жыл бұрын
I've already had two of my items pulled by them.
@tishthedish7684
@tishthedish7684 3 жыл бұрын
😳. Why was an item pulled ? Change is no fun.
@fredcarter2894
@fredcarter2894 3 жыл бұрын
They were going to get pulled anyways! If the customer says theyre broken they are broken!
@tracyweiland1767
@tracyweiland1767 3 жыл бұрын
Ebay's motto to Sellers "We're not happy until you're not happy"! They have operated by these principles for a long time now.
@FlippinAintEasy
@FlippinAintEasy 3 жыл бұрын
They know they have a unique marketplace. I guarantee if there was another similar platform they would think differently.
@fredcarter2894
@fredcarter2894 3 жыл бұрын
I keep telling them that "without sellers you dont have buyers"
@xobehtedistuO
@xobehtedistuO 4 жыл бұрын
8/18/2020 - Sounds like a nightmare for sellers and an amazing thing for all the thieves and scammers in the world. Only thing I am gathering from this information is that anytime I sell something, if the person decides they dont want the item, or has buyer remorse, or wants to have their cake and eat it too, all they to do is hit the "return" button and eBay puts the money on hold for the purchase and the consumer will get the benefit of the doubt every time and my store goes bankrupt after 6 months. This concept is not going to work at for the average, everyday eBay store front. I see people just scamming the hell out of this deal. I see Buy What You Want today, Click return button when item received, Get all Money back from purchase, Never return Item to seller, Enjoy New Free Product. I mean eBay seems to think that EVERY buyer out there has actual legit returns. This will all only be made worse by the USPS going on strike when all the States starting suing the Postal Service for their delays in shipping. Boy, will we be having delays now you can bet. Smh.......To anyone who has read this far: Jump ship now, go to Mercari or Offer Up, or even Facebook if you have to. They are doing this to weed out the Mom and Pop shops and Non-Subscription store fronts.
@ericsilch6147
@ericsilch6147 4 жыл бұрын
yep exactly what I said!! This managed payment crap is BS. I even said in another comment it won't be long till a lot of people get tired of this and move to mercari. There was no reason for ending with paypal. It was simple. Easy to use. Also more control of your money.
@thefpvlife7785
@thefpvlife7785 4 жыл бұрын
As a moderate seller I am considering jumping ship because it's to risky now with eBay.
@andywegner964
@andywegner964 3 жыл бұрын
I'm the E-commerce manager where I work and we sell on both Amazon and Ebay. It looks like they are trying to emulate Amazon and we do have this happen where the customer doesn't like the product and opens the return. Then they file an A-Z claim so Amazon pays them out from us and they get to keep the product. Both platforms err towards the buyer's side and we've been screwed over by both from blatant fraud. Their response "well, it is the cost of doing business". We are not looking forward to this forced change.
@Norcalflat
@Norcalflat 3 жыл бұрын
Well, I'm done selling on eBay. If enough people stopped using eBay, they would be forced to change it back. It's on us now to boycott them. How many sellers are just going to bend over and take it?
@deserae0770
@deserae0770 3 жыл бұрын
You just lost me EBAY. This is the final straw. Good bye. It was sweet in the beginning but now it's just distrust.
@kyleterran6850
@kyleterran6850 4 жыл бұрын
Just another way that Ebay milks more money from us sellers. I'm sure they will put that held money in an interest bearing account.
@chelseyeiermann2395
@chelseyeiermann2395 4 жыл бұрын
Your funds are held in a non-interest accruing account during processing.
@oldmaninthecave
@oldmaninthecave 3 жыл бұрын
@@chelseyeiermann2395 Your funds just a number on a disc drive somewhere. Ebay is holding your funds and can claim the money as a asset, while the funds they are holding is also a liability owed to you. Any accountant knows that the easiest way to steal is to beat someone with a pencil. Ebay can and will use the money they are holding for sellers, just as a seller can use funds in an account for other things before paying bills.
@mrantone916
@mrantone916 3 жыл бұрын
They make money with your money the longer it’s in their pocket! 🧐
@grizzlycountry1030
@grizzlycountry1030 3 жыл бұрын
@@chelseyeiermann2395 the funds are held in a interest accruing account as it's "Processed". FOIA
@barryfredrick2731
@barryfredrick2731 3 жыл бұрын
Yup, *as soon as they want your SS#* it's because taxes need to be *PAID!*
@kelvinlarkin7461
@kelvinlarkin7461 4 жыл бұрын
It feels like ebay is copying mercari instead of trying to be what made them great in the first place
@denisemc607
@denisemc607 3 жыл бұрын
My guess it is all about the IRS and easy reporting/collection. I also like the separation of accounts. I do not trust them to be 100% accurate or quickly fix errors which are inevitable given the number of transactions they process. (I have No time to chase them!! They created Paypal for payment management and never had an issue in 5-7 years)
@notsure6183
@notsure6183 2 жыл бұрын
Welcome to ebay, where you pay us and the post office to let other people own your items for a 1% profit margin.
@twylasmom
@twylasmom 4 жыл бұрын
I haven't been invited yet and that is fine by me. I really don't like ebay having my VERY personal info. Like SS#. I am thinking one more thing that can be hacked.
@i.m.7710
@i.m.7710 4 жыл бұрын
@Helix Maxter We can stay on paypal?????
@MrJamezGamez
@MrJamezGamez 4 жыл бұрын
@Helix Maxter I'm not changing either. I allow my monthly money from orders mount up till the next ebay monthly invoice. Then pay myself what i have left after ebay fees. Life is easy. Ebay just wants to make money that paypal is off us. We are not saving. Its paypal that's losing... And ebay is increasing fees because paypal is doing the money laundering basically.
@Jasmineb0826
@Jasmineb0826 4 жыл бұрын
I. M. I think you can just enter your PayPal info in the checking portion
@vicci1331
@vicci1331 4 жыл бұрын
@Helix Maxter bad news for you. At some point (mine came today) I was unable to list on ebay until I signed up for managed payments, Soooo I had no choice otherwise I would not have been able to list. :(
@hes-fashion3882
@hes-fashion3882 4 жыл бұрын
@@i.m.7710 I just received a message from ebay saying that If I don't enroll by september 15 I won't be able to continue listing items. SO I GUESS IS MANDATORY!
@jimgagne3801
@jimgagne3801 4 жыл бұрын
I don't have a store. Why do I want that? I just never saw the reason for one .I sell fine. I don't offer returns . I ship On the next business day , and I don't like the rules that you need to follow to have a store, and it has never effected my sales. and what benefits do you get? well it doesn't matter any more cause this stupid managed payments will force me to no longer use eBay to sell. and if I no longer have money coming into my PayPal, then I can't buy anything on eBay anymore either. Cause I don't have credit cards and I never use debit cards anywhere. ever. I only use cash or PayPal. so fuck you eBay.... you just helped hurt other sellers cause I don't use amazon and I would only use eBay .... but not anymore.
@thefpvlife7785
@thefpvlife7785 4 жыл бұрын
Same here mate. eBay lost another active seller/buyer.
@melodyebuskin5490
@melodyebuskin5490 3 жыл бұрын
This is so sad.
@yaguysers
@yaguysers 3 жыл бұрын
Just got the email for the final notice to update my account details. Guess i'll just wait for the next app/website to sell things on.
@ritatumale2220
@ritatumale2220 4 жыл бұрын
Wait Hold ON.... is ebay turning into another AMAZON???
@fredcarter2894
@fredcarter2894 3 жыл бұрын
No but the world is
@calidebs950
@calidebs950 4 жыл бұрын
I'm a first time watcher and I subscribed. This all sounds right according to my experience since I switched over. I liked PayPal better because I felt that I had more control of my money, just like you said. I'm on daily payouts and that seems to be working ok, although I never see any payments on a weekend which I miss. If I sell something on a Friday, I don't see that money until Tuesday which I don't care for much, but I guess changes happen and I will get used to it like anything else. I'm watching your vid a month after you made it. It looks like you have a really good channel. Looking forward to watching more of your content! Take care and have a great day!
@JuicersSuck
@JuicersSuck 3 жыл бұрын
Been selling on ebay for 20 years. My account just got switched over to managed payments. It can take 5 days or longer to get my money and I can't access it. Total trash... no wonder people are starting their own auctions through facebook... etc. I'll be looking to sell elsewhere.
@marvelmiracle9931
@marvelmiracle9931 3 жыл бұрын
Dude same it says someone paid for an item im selling yet I have no idea where my money is I dont see it anywhere
@duchess4480
@duchess4480 3 жыл бұрын
SO......THEY WANT ME TO GIVE THEM MY SS#, BANK ACCOUNT INFO....HOWEVER I CANNOT GET AN ACTUAL HUMAN ON THE PHONE, NO 800##.. I think I made my mine up, done with ebay since 2005. Not selling enough when there are other avenues.
@johnjillson9579
@johnjillson9579 4 жыл бұрын
If this is mandatory ebay will lose a lot of money. I have been on Ebay since 1999 and will not do this paypal is best for me!
@FlippinAintEasy
@FlippinAintEasy 3 жыл бұрын
Im afraid so.
@klsalm
@klsalm 3 жыл бұрын
You have no choice! It's Ebay's way or the highway.
@Jacob_Spang
@Jacob_Spang 3 жыл бұрын
PayPal has protected me and been awesome since it's been around. Bye ebay
@fredcarter2894
@fredcarter2894 3 жыл бұрын
It is because George Soros has bought Paypal genius
@macnet427
@macnet427 3 жыл бұрын
I just have trouble giving eBay my SSN and my bank account number. I work for a health insurance company and am familiar with SPI/PHI. eBay doesn't need my SSN. I sell mostly audio equipment so I can upgrade to better equipment. I'm done with eBay. I'm going to use Audiogon.com. I joined eBay in May 1999 but I prefer using PayPal and pay the 2.9%.
@coreconnections1969
@coreconnections1969 4 жыл бұрын
We might open a separate bank account just for eBay so they have limited access to our funds!! What are the fees for eBay to manage payments? eBay can't even manage what they already have in place, we have a number of items for sale that we can't change the Buy More discount on & no one to talk to at eBay. What happens when there is a problem and no one is available to talk to at eBay? Once we give approval and access to our bank account eBay can legally do whatever they want with our funds!! Had this problem with a merchant CC company before, the only way to stop them was to close the account. The only thing that protects us is eBay's "promise" which we all know is not worth the breath it takes to say. Not happy about this at all. Please buy from our website!!!
@cc818348
@cc818348 3 жыл бұрын
Is eBay nuts??? SSN and bank log-in info?? The routing info is fine, but bank account log-in, I don't think so. If trolls and hackers ever get in, they will clean you out before you can blink, and they will have access to all of your accounts at that bank. I have been with eBay 16 years, Top Rated seller, but I don't need the money bad enough to give them that info...
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